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PUDGY PENGUINS/TETHER USD PERPETUAL CONTRACT

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PENGUUSDT.P trade ideas

Is now the perfect time to trade Pengu’s 0.040$ gain?Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Pengu , 📚💡 At present, the market is experiencing a period of consolidation, characterized by a range-bound structure and a general downward trend. As such, it is entirely normal for the price to form red candles, particularly as it approaches our critical support level. This behavior aligns with the current market conditions. 📚💡 Once this support is tested and held, we expect the price to reverse course, potentially seeing an upward surge of up to 40%. Such a move would bring the price to approximately $0.040, signaling a strong recovery and growth potential. This scenario suggests a favorable opportunity for those looking to enter the market at these levels. 📚✨ 🧨 Our team's main opinion is: 🧨 The market is currently range-bound and slightly bearish, with red candles expected as it approaches key support. Once support holds, we anticipate a potential 40% rise, reaching $0.040. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
3
PUDGY/USDT 1H: Bearish Slide Continues – Key Levels to Watch Chart timeframe: 1H PUDGY/USDT analysis. Current price: $0.02836. Key levels: Resistance: $0.035 (significant resistance). Support: $0.028 (immediate), $0.026 (next support if breakdown occurs). Price action: Clear bearish trend with lower highs and lower lows. Descending trendline at $0.032 needs to break for bullish reversal potential. Volume profile: Suggests a distribution phase with sellers in control. Trend outlook: Path of least resistance remains downward unless a higher low forms and trendline breaks. Setup rating: 3/10 – not ideal for entries until reversal signals appear. What’s your play – shorting the trend or waiting for a breakout? 📉✨
by Cryptokijker
1
PENGU/USDT: check 0.238 Fib for a BreakoutCurrently, PENGU/USDT is trading below the 0.236 Fib level, showing some struggle to hold above. However, I have spotted a bullish divergence on the RSI, telling us that potential reversal is building beneath the surface. 📊 Key Levels: Current Zone: Below 0.236 Fib (0.028314), reflecting consolidation near lows. Target: A move toward 1.618 Fib at 0.062063, which aligns with the resistance in the upper trend channel. Intermediate Levels: 0.5 Fib at 0.034761 – a potential base for a stronger recovery. 1 Fib at 0.046972 – critical resistance before reaching the ultimate target. 💡 Game Plan: The divergence on RSI suggests that sellers are losing strength, which might pave the way for a reversal. I expect a that PENGUIN will climb back, with key Fib levels acting as checkpoints. If the price confirms support above the 0.5 Fib, the push toward 1.618 becomes more realistic than ever. Risk Note: If this divergence fails and bears keep the control of Penguin, the lowest low may be looked further. But for now as its not a 0, the setup shows us potential recovery. Stay tuned, as the next few candles could give us better clarity! 📈
Long
by Expate
1
PENGU Last Chance!The two longs I presented are what I believe Pengus' last bullish scenarios. If PA breaks through the Bullish equilibrium level, I will extend my long position past the hidden liquidity and find an entry to share there. However, if the price should fail to reach that price I will look at the demand zone below (0.786 fib) for my next entry. Obviously, I will take into consideration crypto market conditions but for the short term, I expect to see some upside. Thanks
Long
by JJRoyalist
1
Pudgy Penguins Best Level to BUY/HOLD 300%+ gains🔸Hello guys, today let's review 2h price chart for PENGU . Currently locked inside trading range expecting more range bound price action before accumulation completes later and we get another strong bull run. 🔸Ongoing accumulation in progress indicates further gains later this month. currently trading near range highs so no trades recommended at the market price. 🔸Recommended strategy bulls: bullish structure accumulation in progress. Accumulate near 0.025, TP bulls is +300%+ gains, final exit at 10 cents. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
24
PENGUIN in Support?Price has reached a crucial moment as it touches the major support trendline (green) after an extended downtrend. The MA200 (blue line) touched price, and this intersection with major support could present an interesting turning point. Watch closely for price action around this level. Potential bounce or breakdown will determine the next directional move. Always maintain proper risk management and wait for confirmation before taking positions. #crypto #technicalanalysis #trading #PENGU
Long
by Cuklek
4
Whales wager $2.47M on PENGU: analysis A strategic whale investment of $2.47M in Pudgy Penguins (PENGU) has sparked fresh interest in this meme token, driving its price up by 15.35% at press time to $0.04062. Over eight days, the whale accumulated 79.9M tokens, achieving an unrealized profit of $835K.  Meanwhile, PENGU has shown remarkable strength, breaking through the critical $0.0385 resistance level and aiming for $0.0699 as its next target. The steady formation of higher lows highlights growing investor confidence. However, a clean break above $0.042 remains essential for the rally to gather more momentum. Additionally, rising trading volumes, which have nearly doubled in the past 48 hours, indicate increased activity, further supporting the potential for sustained growth. PENGU’s Relative Strength Index (RSI) was 60 at press time, signaling strong upward momentum while leaving room for further growth before hitting the overbought threshold of 70. Additionally, the MACD line, at 0.0026, was above the signal line at 0.0021, confirming a bullish trend. These indicators suggested that PENGU’s rally was gaining strength, though traders should watch for signs of exhaustion. PENGU is showing promising signs of a breakout, driven by bullish momentum, growing open interest, and strategic investments. If it sustains this trajectory and breaks key resistance levels, it could indeed lead the next meme token rally. For now, the market remains optimistic about its potential.
Long
by paul_endeo
2
PENGU is a chosen one.PENGU energizes the Pudgy Penguins community by promoting teamwork, encouraging active involvement, and backing creative projects within the ecosystem. It enhances liquidity and streamlines transactions, ensuring the project remains competitive in the bustling blockchain arena. Conclusion The introduction of PENGU on Solana represents a pivotal moment for Pudgy Penguins, showcasing its dedication to expansion and innovation. This token acts as a connector between the project and its community, nurturing stronger connections and paving the way for a thriving ecosystem.
Long
by BallaJi
1